NBC News' Angie Lassman discusses the latest weather conditions in Los Angeles as five wildfires continue to scorch the area.

A proposal from two top nominees would let the president fire board members at will, and give Congress budget authority.

By Howard Schneider WASHINGTON (Reuters) -Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to ...

Minutes from the most recent meeting of Federal Reserve policymakers showed uncertainty about the impact of President-elect ...

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Fed frets ...

Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...

Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool toward the central bank’s 2% ...

Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation ...

The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...

The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...

U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising ...

U.S. stocks fell Friday on worries that good news on the job market may be too good and prove to be bad for Wall Street by ...